Accounting & Finance Division

Overview

The Town of Windsor maintains all of its accounting and financial operations within the organization; processing accounts payable, payroll, fixed asset accounting, investments, and cash management through this division.

Accounts Payable– Checks are generated each Friday by the Accounting Manager. They are presented to Finance Director for signature. To assure proper internal control, the Accounting Manager is not authorized to sign accounts payable checks.

Payroll– Employee time cards are approved by the Department Heads and forwarded to the Accounting Manager for processing. Bi-Weekly payroll checks and associated payroll tax deposits are prepared and presented to Finance Director for signature. To assure proper internal control, the Accounting Manager is not authorized to sign payroll checks.Fixed Asset Accounting– Fixed assets are recorded in both the General Ledger and a subsidiary fixed asset ledger.

Investments and Cash Management– Handled by the Finance Director in accordance with the Town of Windsor Investment Policy.